Carson Yeung's proposed takeover of Birmingham City looks set to be completed within the next six weeks, according to a report in the Birmingham Mail, but the Hong Kong-based businessman has indicated today that he is prepared to spend £5 million of his own money on additional players before the transfer window closes at the end of the month.
Grandtop Holdings, the company being used a vehicle for the takeover by Yeung, also confirmed that a role at St. Andrews is likely to be handed to former Liverpool and Real Madrid midfielder Steve McManaman, though Yeung himself has been told to stay away from City's matches until his reported £81.51 million buy-out of the club has been completed.
Blues manager Alex McLeish is keen to add two more players to his squad before the end of the transfer window, and it looks now as though Yeung may add to the means at his disposal to do so.
“I have already contacted some players. We have bought the club
with company money but I personally will invest £4-5 million if we get
along with the players. Before the September 1 transfer deadline, I
hope I can buy some useful players," the Mail reports Yeung as telling reporters.
The West Midlands newspaper is also indicating that Yeung sees the club as a long-term investment, and intends to market the Blues heavily in China, and also, provided there is no conflict of interest, intends to buy another club as well.
Zack Wilson, Goal.com